WISeKey International Holding AG (WKEY) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	31.1M	19.3M	11.9M	30.9M	23.2M
Cost of Revenue	19.3M	10.1M	7.6M	16.2M	13.4M
Gross Profit	11.9M	9.2M	4.3M	14.7M	9.8M
Operating Expenses
R&D Expense	21.9M	14.9M	7.0M	4.4M	2.3M
SG&A Expense	65.3M	42.3M	24.9M	23.8M	6.9M
General & Admin Expense	31.0M	14.4M	16.3M	17.3M	3.1M
Selling & Marketing Expense	36.4M	27.9M	8.6M	6.5M	3.8M
Other Expenses	73.0K	(224.0K)	(184.0K)	(167.0K)	(2.0M)
Total Operating Expenses	87.3M	56.9M	31.7M	28.0M	7.2M
Cost and Expenses	67.0M	67.0M	39.3M	44.2M	20.6M
Operating Income (EBIT)	(75.5M)	(47.7M)	(27.4M)	(13.3M)	2.6M
Non-Operating
Interest Income	6.8M	6.1M	858.0K	90.0K	14.0K
Interest Expense	2.8M	224.0K	2.2M	1.3M	789.0K
Net Interest Income	4.0M	5.9M	(1.4M)	(1.2M)	(775.0K)
Other Non-Op Income/Expense	8.2M	9.4M	(1.4M)	(1.9M)	(2.6M)
Non-Operating Income (excl Interest)	(9.4M)	(9.7M)	(463.0K)	593.0K	1.9M
EBT (Pre-Tax Income)	(67.2M)	(38.3M)	(28.9M)	(15.2M)	2.5M
Income Tax Expense	2.9M	(163.0K)	3.1M	230.0K	(3.2M)
Bottom Line
Net Income	(28.8M)	(6.1M)	(13.4M)	(15.4M)	5.8M
Earnings from Cont. Ops	(70.1M)	(38.2M)	(31.9M)	(15.4M)	(9.8M)
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	(19.5M)	(6.1M)	(13.4M)	(15.4M)	(12.9M)
Per Share
Basic EPS	($2.03)	($0.54)	($0.19)	($2.53)	$1.39
Diluted EPS	($2.03)	($0.54)	($0.19)	($2.53)	$1.39
Revenue Per Share	$2.77	$1.71	$1.21	$3.45	$5.56
Shares
Basic Shares Outstanding	11.2M	11.2M	9.8M	9.0M	4.2M
Diluted Shares Outstanding	11.2M	11.2M	9.8M	9.0M	4.2M
Profitability Metrics
EBITDA	(72.7M)	(37.7M)	(26.3M)	(13.3M)	(12.0M)
D&A	3.0M	254.0K	682.0K	625.0K	602.0K
EBIT	(75.7M)	(38.0M)	(27.0M)	(13.9M)	(12.3M)

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Dec 1, 2025